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Strategies & Market Trends : Current Open Positions in Futures Market

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To: Jay Baca who wrote (3)2/14/1998 6:29:00 PM
From: BALWINDER SINGH  Read Replies (4) of 16
 
Lind-Waldock and Jack Carl both are very good, saves you lot of money in commissions. Larry Williams pays lot of attention to some of the details people ignore. E.G. he looks at Open Interest change of 10% or more as a indicator because it tells you what are the smart (Commercial) people are doing. They usually are always right because they are the insiders of the market as they use that commodity for using it. Monday reversal is another indicator which I have seen works well, If market opens below last 2-3 weeks low and then rallies to close above previious low that a key reversal and market will tend to go higher. I have seen that happening in almost every market. Check some charts and see that pattern. I will tell you more later on.

Good luck
Balwinder Singh
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